Money
The American consumer just won’t stop spending
Walmart warns tariff-linked price hikes are on the way
Latest
Xi tells Trump he will not arm Iran, but the Hormuz stays mostly shut, and American shoppers keep paying
Compiled by Perplexity The Trump-Xi summit ended Thursday with a polite communique, a promise that the Strait of Hormuz "must remain open" and a private assurance from Xi Jinping that China will not send military equipment to Tehran — but the chokepoint is still effectively closed, an Indian-
Recalls
Daily National Recall Report — May 14, 2026
Ford leads the way once more
Consumer Protection
California recruits former CFPB chief Rohit Chopra to lead new consumer “super-agency”
It could signal tougher enforcement against junk fees, predatory lending, scams and corporate misconduct as federal watchdog activity slows under the Trump administration
Consumer Protection
Consumer watchdog CFPB plans office return but advocates say it remains weakened
he move signals the CFPB may survive in some form after months of legal battles, workforce cuts and uncertainty over its future
DOJ criminal probe into beef companies raises new questions about grocery prices
Consumer advocates say concentration in meat processing may be contributing to persistently high supermarket prices
Insurance
ACA premiums set to soar as enhanced subsidies expire, threatening coverage for millions
Average monthly Affordable Care Act premiums are projected to jump from about $888 to $1,904 in 2026 after enhanced federal subsidies expire at the end of this year.
Trump shakes hands with Xi in Beijing, but a seized tanker, $4.53 gas and a Thermos recall rule the morning at home
President Trump sat down with Xi Jinping in the Great Hall of the People on Thursday, and Wall Street watched in case the meeting produced anything that might pull gasoline back below $4.50 a gallon. It did not.
Recalls
Daily National Recall Report — May 13, 2026
Waymo, Mercedes, Stellantis lead the list
FedEx, Uber accuse Philadelphia law firm of racketeering
The suit accuses the firm of steering accident victims through a “conveyor belt” of treatment providers to boost settlements
Consumer Protection
FTC targets food-delivery 'junk fees' in new rulemaking push
New effort may extend beyond apps like DoorDash and Grubhub to restaurants and grocers using their own delivery systems
Money
Ace Hardware hit with nationwide price-fixing lawsuit alleging consumers overpaid
Plaintiffs claim the alleged scheme drove up prices on essential home repair and household products for millions of consumers